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Citigroup nears Mexican consumer bank spinoff, WSJ reports

(Reuters) – Citigroup (NYSE:C) is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser’s bank…
Stock

Bank of England warns of risks from rise in global trade barriers

LONDON (Reuters) – The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about…
Stock

Anglo American shares up on Jefferies upgrade

Investing.com — Shares of Anglo American (JO:AGLJ) rose over 3% on Friday following an upgrade from Jefferies, which raised its recommendation on…
Stock

India stocks higher at close of trade; Nifty 50 up 0.87%

Investing.com – India stocks were higher after the close on Friday, as gains in the Oil & Gas, Auto and Technology sectors…
Stock

Sofas become points of purchase as Americans shop with their phones on Thanksgiving

By Arriana McLymore NEW YORK (Reuters) – U.S. holiday shoppers have big plans to use small screens for a head start this…
Stock

Reliance’s US unit buys $12 million stake in helium explorer Wavetech Helium

(Reuters) – Reliance Industries (NS:RELI)’ U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million,…
Stock

European stocks rebound, Remy Cointreau struggles

Investing.com — European stock markets are set to open higher Thursday, showing signs of recovery after a lackluster session the day before….
Stock

World markets head for reality check after month of Trump

By Naomi Rovnick, Dhara Ranasinghe and Nell Mackenzie LONDON (Reuters) – November was a month of clear winners and losers from Donald…
Stock

UK budget shows government doesn’t understand business, says retail veteran

LONDON (Reuters) – Britain’s tax raising budget shows the government does not understand business and it will drive prices higher, restrict pay…
Stock

CFM re-allocates some engines in boost to Airbus, sources say

By Tim Hepher MUNICH (Reuters) -Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap…
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